Tuesday, November 3, 2015

Post Properties Announces Third Quarter 2015 Earnings

  
Dave Stockert
ATLANTA, GA--(BUSINESS WIRE)-- Post Properties, Inc. (NYSE: PPS) announced today net income available to common shareholders of $19.2 million, or $0.35 per diluted share, for the third quarter of 2015 compared to $132.8 million, or $2.44 per diluted share, for the third quarter of 2014.

Net income available to common shareholders for the nine months ended September 30, 2015, was $56.9 million, or $1.04 per diluted share, compared to $192.9 million, or $3.54 per diluted share, for the nine months ended September 30, 2014.

Dave Stockert, Post’s CEO, said, “The Company produced another quarter of solid growth and increased full-year guidance, against a backdrop of ongoing favorable conditions for our business. We continue to execute a range of capital investments in order to enhance the portfolio and create value.”

. For a complete copy of the company’s news release, please contact:

Post Properties, Inc.

Chris Papa, (404) 846-5028

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